LONDON–(BUSINESS WIRE)–#VideoGameMarket–Technavio has been monitoring the video game market and it is poised to grow by USD 68.29 billion during 2019-2023, progressing at a CAGR of over 9% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Activision Blizzard Inc., Electronic Arts Inc., Microsoft , Nintendo, and Tencent are some of the major market participants. The penetration of smartphones will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Penetration of smartphones has been instrumental in driving the growth of the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our video game market report covers the following areas:

Video Game Market Size

Video Game Market Trends

Video Game Market Industry Analysis

This study identifies cross-platform gaming experiences as one of the prime reasons driving the video game market growth during the next few years.

Video Game Market 2019-2023: Vendor Analysis

We provide a detailed analysis of vendors operating in the video game market, including some of the vendors such as Activision Blizzard Inc., Electronic Arts Inc., Microsoft, Nintendo, and Tencent. Backed with competitive intelligence and benchmarking, our research reports on the video game market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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Detailed information on factors that will assist video game market growth during the next five years

Estimation of the video game market size and its contribution to the parent market

Predictions on upcoming trends and changes in consumer behavior

The growth of the video game market

Analysis of the market’s competitive landscape and detailed information on vendors

Comprehensive details of factors that will challenge the growth of video game market vendors

Table Of Contents:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

2.1 Preface

2.2 Preface

2.3 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

Market ecosystem

Market characteristics

Market segmentation analysis

PART 04: MARKET SIZING

Market definition

Market sizing 2018

Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

Bargaining power of buyers

Bargaining power of suppliers

Threat of new entrants

Threat of substitutes

Threat of rivalry

Market condition

PART 06: MARKET SEGMENTATION BY PLATFORM

Market segmentation by platform

Comparison by platform

Mobile devices – Market size and forecast 2018-2023

Consoles – Market size and forecast 2018-2023

Computing devices – Market size and forecast 2018-2023

Market opportunity by platform

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

Geographic segmentation

Geographic comparison

APAC – Market size and forecast 2018-2023

North America – Market size and forecast 2018-2023

Europe – Market size and forecast 2018-2023

South America – Market size and forecast 2018-2023

MEA – Market size and forecast 2018-2023

Key leading countries

Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

Market drivers

Market challenges

PART 11: MARKET TRENDS

Growing popularity of gaming among women

Prominence of GaaS

Cross-platform gaming experiences

PART 12: VENDOR LANDSCAPE

Overview

Landscape disruption

PART 13: VENDOR ANALYSIS

Vendors covered

Vendor classification

Market positioning of vendors

Activision Blizzard Inc.

Electronic Arts Inc.

Microsoft

Nintendo

Tencent

PART 14: APPENDIX

Research methodology

List of abbreviations

PART 15: EXPLORE TECHNAVIO

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.